1206 Homecoming BlvdRavenelSC29470
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ravenel at 1206 Homecoming Blvd, Ravenel, SC, 29470 uses $180,917 cash to close to unlock $4,236/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $3,626/mo, and a $2,691/mo payment keeps the spread at $353/mo. Purchase price stands at $549,900, and rental yield measures 7.91% with $3,626/mo rent. Return on cash invested shows 22.4% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash records $209,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,626/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2022
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29470, Ravenel, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,929 (79.4%) |
| Renter Occupied HU | 312 (12.8%) |
| Vacant Housing Units | 189 ( 7.8%) |
| Median Home Value | $460,638 |
| Average Home Value | $586,849 |
Housing Distribution
Address Breakdown
Residential
2,117
Single Family
2,117
Multi-Family
0
Businesses
209
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Listed by: N/A • TLS Realty, LLC
Mls Name: CTMLS
Mls ID: #25011947